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of business. it's happening in menlo park. we have a crew on the way. >>> now, to california's controversial contribution to the fight against climate change. businesses that can't meet the state's new cap on pollution can trade with those that can. the goal is to reduce global warming but the cap and trade program could translate big money to cash strapped california. nannette miranda has more from sacramento. >> reporter: in an e-mail like auction, california took bids for credits for industrial facilities like oil refineries. under the legislation, the credits from the cap and trade program allow businesses to emit a certain amount of greenhouse gases. it starts at $10 per metric ton. new approach aims to stabilize if not reduce the effects of global warming. >> we think today salmon utility al step forward for california and really a beacon of hope for the rest of the nation. >> the number of pollution credits could get more expensive as allowances become scarce. the goal is to have the same level of greenhouse gases at 2020. companies are forced to buy more credits. either way it costs
-day activity in california. who is contributing to a huge infusion of cash, into the political committee opposing governor brown's proposition 30? this is even after state campaign finance regulators revealed the major source of funding for that tax measure, designed to help the schools. nanet miranda is in sacramento with the story. >> reporter: after a legal battle that almost ended up at the u.s. supreme court, the arizona-based americans for responsible leadership finally revealed who gave them that mystery their 11 million campaign contribution. >> they disclosed, an intermediary, the largest instance of money laundering in california history. >> reporter: in a letter, the money came from americans for job security, which funneled it to yet another nonprofit, center to protect patient right, before sending it to arl, arl sent it to the small business action committee pac in california, to use against governor brown's tax measure for schools, proposition 30, to win approval for proposition 32, which aims to curtail labor unions' political power. one of the groups is tied to david and
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